20th Century Fox has taken a 4% share in Chili, the T-VOD founded by Stefano Parisi and Giorgio Tacchia in 2012, for €6 million.
20th Century Fox is just the latest of the majors joining the company’s stock. Among the other partners are Warner and Paramount, with 4% each, and Sony with 3%. At the end of 2017 coffee producer Lavazza also acquired a larger minority stake, equal to 25% of the shares.
Other shareholders include Fondo Antares (11%), Investinchili (7%), Negentropy with Capiscum (12%) and Tony Miranz, the founder of Vudu (1%).
Chili’s control remains however at Brace, the vehicle created by the two founders Stefano Parisi and Giorgio Tacchia, which holds 30%.
Chili is a T-VOD service which offers cinema previews, new releases, a digital catalogue with over 30,000 films and TV series.
Chili offers current movies from €3.99 for rent and from €9.99 as a download-to-own proposition. Series are available from €1.99 per episode. The titles are provided in SD and HD quality, with selected titles inn Ultra HD/4K.
The OTT service can be accessed via the open internet, through apps (iOS/Android), Google Chromecast and connected TV sets from Samsung, Toshiba, LG, Philips, Panasonic, Sony and HiSense.
